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JLee Broker

[email protected] +1(650) 857-1000

Listed by Grant Chappell, DRE #01700439 • NAI Northern California

$2,750,000

Est. payment - /mo

8 Beds

6 Baths

4,609 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,609 sqft

Price per Sqft $596

MLS Listing ID MR41092602

Bedrooms 8

Year Built 1908

Lot Size 3,920 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

New to market, 1801 Milvia Street, a turnkey property comprising 5 fully remodeled units exuding modern elegance. The 3-story property consists of a desirable unit mix of one (1) 2bd/1ba unit, two (2) 4bd/2ba units, one (1) 2bd/2ba unit, and one (1) studio unit. With a new roof, electrical, and plumbing, this property offers the perfect blend of classic charm and contemporary convenience. Ideally situated just two blocks from UC Berkeley's main campus and a short walk from the Downtown BART Station, it provides unmatched access to the entire Bay Area. Strong cashflow with 10.5 GRM and 6.61% Cap Rate day one! The subject property is located less than four blocks from the northwest corner of campus, west of MLK Jr. Way, and near the public parks along Hearst Ave. This property appeals to students and commuters alike as it is conveniently located a few blocks from Downtown Berkeley BART Station, opening up access to the entire Bay Area. This property's size and location will continue to demand premium renters and maintain a very low vacancy rate.

Location

State CA

County Alameda

Area Berkeley Map Area 3

Interior

Cooling None

Flooring Carpet - Wall to Wall, Wood

Exterior

Parking Features No Parking

Building

Water Public

Others

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1801 Milvia Berkeley, CA 94709

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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